Why are accounting ratios valuable for predicting bankruptcy? What cautions do we need in evaluating accounting ratios?

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1412991698

8th edition

Authors: Harry Wolk, James Dodd, John Rozycki

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Question Posted: Feb 12, 2016 06:18 AM

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Why are accounting ratios valuable for predicting bankruptcy? What cautions do we need in evaluating accounting ratios?

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Accountingbased ratios have been very useful in discriminating between ...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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